Hedge Scalper EA MT4 – Free Download

Introduction Hedge Scalper EA 

In the world of forex trading, technology has advanced to the point where automated systems, known as Expert Advisors (EAs), help traders to engage in the market with minimal manual intervention. The Hedge Scalper EA, designed for MetaTrader 4 (MT4), is one such tool. It combines scalping and hedging strategies, enabling forex traders to trade more efficiently. This review explores the tool in detail, covering its key features, potential advantages, and disadvantages, and offering an informed evaluation without recommending its use.

What is the Hedge Scalper EA?

Hedge Scalper EA is an automated forex trading system designed to capitalize on both scalping and hedging strategies. The system uses a combination of these approaches to not only make a profit but also to safeguard the trader’s capital in times of market volatility. It operates within the MT4 trading platform and is capable of running on up to 20 currency pairs simultaneously, utilizing advanced algorithms for market analysis, correlation strategies, and built-in filtering mechanisms to avoid high-risk situations like news events and volatile markets.

Technical Specifications

Version: 24.2
Year of issue: 2024
Working pairs: Any
Recommended timeframe: Any
Minimum Deposit: $1000
Average of account: 1:30 To 1:500

Best Brokers List

Hedge Scalper EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Hedge Scalper EA Settings

Key Features of Hedge Scalper EA

1. Hedging Strategy

Hedge Scalper EA employs a hedging strategy to protect against market downturns. Hedging allows traders to open positions in opposite directions to offset potential losses. This feature can prove beneficial in reducing risk, especially when the market moves against the primary trade.

2. Scalping Strategy

The EA uses a scalping strategy to make quick, small profits from short-term market movements. Scalping involves opening and closing trades within a short timeframe, often within minutes, to capitalize on price fluctuations. This can lead to a series of small but consistent gains, which, when combined with the hedging feature, offers a well-rounded trading approach.

3. Correlation System

One of the distinguishing features of the Hedge Scalper EA is its use of a correlation system. It identifies strong and weak currency pairs and attempts to support weaker positions using profits from stronger ones. This cross-symbol strategy enhances overall portfolio performance by spreading risk across multiple assets.

4. 100% Automated Operation

Hedge Scalper EA is fully automated. After installation, the system runs non-stop, executing trades, adjusting to market conditions, and managing risks without manual intervention. This feature is especially useful for traders who prefer to have a hands-off approach but still want to participate actively in the forex market.

5. Advanced Filter Systems

• News Filter: The EA automatically detects high-impact news events and avoids entering trades during these volatile periods, ensuring that the system does not take unnecessary risks.
• Trend Avoidance: A built-in system prevents trading in large, trending markets that might result in unexpected large losses.
• Spread Filter: The EA avoids trades when spreads widen excessively, often during periods of low liquidity or market manipulation by brokers.

6. Market Analysis

The EA uses advanced algorithms for market analysis, allowing it to make predictions based on current trends. This is critical in making informed trading decisions, ensuring that trades are opened and closed at optimal times.

7. Auto-Adjustable

The system is designed to adapt to various broker conditions, including account types, spreads, and leverage requirements, making it versatile for traders using different brokers or account structures.

Result Hedge Scalper EA

Advantages of Hedge Scalper EA

1. Risk Management through Hedging

The built-in hedging strategy acts as a safety net, especially in volatile markets. It can help reduce losses when trades move in the wrong direction, offering peace of mind for risk-averse traders.

2. Consistent Profit Generation

With a scalping strategy, the EA capitalizes on short-term market fluctuations. These small, frequent profits can add up to significant gains over time, especially when compounded.

3. Diversification via Correlation Strategy

The ability to trade across multiple currency pairs simultaneously and use correlation between symbols spreads the risk. When one currency pair underperforms, profits from stronger pairs can offset the loss.

4. Hands-off Trading

The system’s fully automated nature means that traders do not need to constantly monitor the market. Once installed, it handles everything from market analysis to trade execution.

5. Avoidance of High-Risk Scenarios

The filters for news events, large trends, and wide spreads protect the trader from unnecessary risk, making the EA relatively safe compared to many other automated systems.

Disadvantages of Hedge Scalper EA

1. Dependence on High Leverage

The requirement for high leverage (1:400 or higher) increases the risk for traders. While high leverage can amplify profits, it can also magnify losses, making the EA unsuitable for more conservative traders.

2. Requires Constant Operation

The EA needs to run non-stop, necessitating the use of a VPS. While this ensures the system is always active, it adds extra costs, particularly for traders who do not already have a VPS setup.

3. Not Suitable for All Market Conditions

Although the system has filters to avoid news events and large trends, there are still market conditions that can overwhelm the EA. No automated system is 100% foolproof, and there may be times when the market behaves unpredictably, causing losses.

4. Complexity of Operation

For novice traders, the system’s advanced features may seem overwhelming. Understanding how the hedging, scalping, and correlation systems work together requires a deeper knowledge of forex trading principles, which may not be suitable for beginners.

Conclusion

The Hedge Scalper EA offers a robust solution for forex traders who want to leverage both hedging and scalping strategies in an automated system. Its features, such as news filters, correlation strategies, and market analysis, make it versatile and capable of managing risk effectively. However, the requirement for high leverage, constant operation, and the inherent complexity of its features may make it more suitable for experienced traders rather than beginners. While it offers potential for consistent profit, it also carries a significant level of risk, particularly in volatile markets.

Download Hedge Scalper EA

Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.